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Search Results 0 to 28 of about 29 (some duplicates have been removed)
is virginia home to the pentagon, the world's largest u.s. navy base, but a hub for major defense contractors such as aircraft builders. so the impact over 200,000 jobs, second only to california. you can't want this automatic spending cut to go forward. >> you know, clearly this is not, david, the best way to go about trying to chroontrol spending. and we have demonstrated in the house two separate occasions -- one of the bills we put across the floor and passed i was the sponsor of for that reason. these are indiscriminate cuts. we can do a lot better. what i hope to be able to hear from the president in the state of the union is he wants to join us in trying to effect much smarter cuts in spending. >> but that's what he's saying. >> we don't have to have the impact that you just described. >> why not work with him on short-term measure which he is talking about to delay this, find a different way to go about some of the cuts? >> the problem is, david, every time you turn around the answer is to raise taxes. and, you know, he just got his tax hike on the wealthy. and you can't in this town
home to the pentagon, the largest navy base in norfolk, it's a hub for defense contractors, such as aircraft carrier builders, nondefense budget cuts would eliminate another 71,000-plus jobs in virginia. so, the impact over 200,000 jobs, second only to california. you can't want this automatic spending cut to go forward. >> you know, clearly, this is not, david, the best way to go about trying to control spending, and we have demonstrated in the house for two separate occasions. one of the bills that we put across the floor that passed i was a sponsor of for exactly that reason. these are indiscriminate cuts. we can do a lot better. and what i hope to be able to hear from the president in the state of the union is he wants to join us in trying to effect much smarter cuts in spending so we don't have to have -- >> but that's what he's saying. >> so we don't have to have the impact that you discussed. >> why not work with him on some short-term measure that he's talking about to delay this, try to find a different way to go about these cuts? >> the problem is, david, every ti
. the warning was aimed at defense department workers at the pentagon and around the world. secretary panetta sent them a written message, as he left for a nato defense ministers meeting in brussels. in it, he said there are limited options for coping with the looming across-the-board cuts. and, he said: >> on our civilians it will be catastrophic. >> woodruff: within hours, top pentagon officials were out, saying employees could lose one day of work per week for 22 weeks. civilians will experience a 20 percent decrease in their pay between late april and september. as a result, many families will be forced to make difficult decisions on where their financial obligations lie. >> reporter: the furloughs could start in late april and save roughly $5 billion. uniformed personnel at war would be exempt, but in a letter to congress, panetta wrote that the spending cuts will slow training and the procurement of weapons. the result, he said, will be a hollow force. the nation's top military leader had said as much last week at a senate hearing on the automatic cuts. chair of the joint chiefs of staf
.e. cupp. right now, playing defense. it's decision day for the president. his pick to lead the pentagon. i'm going to talk about that in a bit. >>> i'm toure in east lansing, michigan. a new salvo today in the civil war. republicans signing on in support of gay marriage. welcome to the modern world, you guys. >>> speaking of battles. didn't think you'd escape an hour without the sequester fight. yep, the koubd clock is officially ticking. >> you want to go here again, s.e.? >> you go. >>> nancy pelosi called it a drive-by congress and speeding america toward another fiscal cliff. >> me again? >>> all that and first lady exercising political muscle. get it? because she wants us to get fit! >>> groundhog day february 2nd. will have an early spring. if you're wondering. but today is groundhog day in washington, at least that's how leon panetta describes the succession of getting his successor confirmed. con fired cleared a test vote today. same vote he failed two weeks ago. the next vote could come next hour. panetta had two farewell parties and waiting out the last hours of the tenure at the
of the tenure at the walnut farm in california. hagel, meanwhile, already working out of the pentagon for weeks preparing for the transition and first battle will be a budget war. the dod is faced with cuts even in the next seven months alone of $43 billion. cuts to training, grounded planes, docked warships. all things the president referred to today at a shipyard. >> main reason i'm here is to call attention to the important work you're doing on behalf of the nation's defense and to let the american people know that this work along with hundreds of thousands of jobs are currently in jeopardy because of politics in washington. these cuts are wrong. they're not smart. they're not fair. >> michael hersh is chief correspondent at "the national journal." so let's start there. there's this notion that if he's confirmed and i think we all expect that he will be that he'll enter defense in some kind of a weakened position after not so great confirmation hearing and then this really okay ro moan you battle over the confirmation. what kind of tangible consequences will that have? how will the job as de
. the pentagon says it's planning to side line its most expensive weapons system. details on this, will it be a setback for the f-35 stealth fighter jet? >> the mysterious death of a russian boy, turning into an international accident or incident, as the russian government is now demanding the return of his brother. >> this is obviously a terrible tragedy and it's our understanding that texas authorities are still investigating the cause of death and that they themselves have not yet made any determinations as to how the child died. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. bjorn earns unlimited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward her
at the pentagon, chuck hagel, and then john brennan, his pick for the cia. obviously the benghazi matter is an obstacle for chuck hagel's confirmation and vote there in congress and then this john brennan matter is very important to the issue of these targeted drone strikes, rand paul, the senator from kentucky has said that he is willing to hold up that vote on john brennan. if he doesn't receive assurances from the white house that the united states will not target any drone strikes on americans on american soil. so some of this information i think the administration is hoping will at least for now satisfy some of those members with these concerns, wolf. >> it's going to be a tough battle, i take it. both of these confirmations likely to go through next week. but it's by no means a done deal, is it? >> reporter: it's not a -- especially when you have senators saying they may hold up nominees and so we're going to have to wait and see whether or not senator paul is satisfied with the information that he's getting from the white house. but this is perhaps, you know, a break in an impasse
was at the zales in pentagon city. >>> 5:05. time for the latest your money report of the morning. >> jessica doyle is here with headlines. what are we starting with, jess? >> it was kind of a bland finish for wall street but it was a roller coaster kind of day on wall street. you don't get that from just looking at the closing numbers. the dow was down as much as 66 points at one point but managed to pull out a win and the latest round of earnings reports didn't inspire a lot of buying. the dow starts today just below 14,000, maybe we'll get there today after rising seven point in trade yesterday. it's up nearly 6% so far this year. the nasdaq was down by 3 points and the s&p 500 was up by about a point. >>> a new merger in the airline industry would create the world's largest airline. "the wall street journal" reports that american airlines parent and u.s. airways are hashing out the final details. this deal would be executed as a reorganization that takes american out of chapter 11 bankruptcy protection. >>> doctors making house calls has taken on a whole new meaning. hundreds of thousands of pe
. the pentagon grounding fighter jets, the most expensive weapons system after maintenance crews found a cracked engine blade in one of the fighters. >> arthel: we're going to tell you again about that crash from daytona coming up. but right now let's get to politics. the obama administration issuing dire warnings on what will happen if automatic spending cuts take place on march 1. now, on tuesday, president obama said public safety would be hurt by making it harder for first responders like police, firefighters to handle emergencies. and yesterday transportation secretary ray lahood warned that air traffic control towers would be shut down, causing delays for travelers across the country. speaking yesterday on fox news, republican senator rand paul accused president obama of using, quote, mystery ontics to make his case. >> the sequester is a slow down in the rate of growth of government. it's the least we can do. our country is drowning in a sea of debt borrowing $50,000 a second. we have to slow down spending and for the president to use this mystery ontics is really beneath the office of th
. virginia, where the pentagon is, big navy installations, the republican governor is going to be suffering if the sequester goes in to effect. i was in utah last week. the government is the single largest employer including an air force base in the middle of utah with $1.2 billion in payroll per year and the governors of the red states are complaining about this pretty quickly. >> well, dan, first i want to ask you as a "newsweek" ambassador to explain the cover. will an asteroid destroy the earth? >> try to keep all the bases covered. >> yes or no there. >> wow. way to bury the lead. i can't believe we're talking about sequester when they're breaking that story. >> if you think the budget cuts are going to be severe wait until you see that. >> wait until the asteroid hits. >> big tease, dan. i want to ask about obama's strategy. recently over the weekend to sort of demagogue this hysteria. maybe he knows the asteroid is coming. forgetting the untruths of navy ships and criminals running wild in the streets because of the cuts, let's talk just about the impact of that kind of going back to
, a cut in naval forces. at $3 billion cut in the military's health care system. the pentagon could be restructuring contracts. what do you want to say about those areas? guest: training is of cuts where only units preparing to deploy or other places -- these are the ones that will be training. everyone else, primarily in the air force and the navy, their planes will be grounded because it will not have the money they would use to do the training. it will be shifted into the war accounts to pay for afghanistan. stuff like tricare, i believe you mentioned, that is more like the benefits for care and being seen by doctors and whatnot. >> there are lots of voices in washington. what should we know about the defensive area? guest: there are two sides. there is the side that says we need to cut federal spending and the defense needs to take a roll. a lot of them would agree with that. the problem is, we're halfway done with the year and they have not been preparing for this. they will up to squeeze this into a six-month period. if it is fully implemented, it will have an impact. 2014, if
: from the washington times, "the biggest losers." "the pentagon estimates the states will lose a total of $ 4.8 billion in workers salaries when its civilian employees are laid off or forced to take unpaid time off because of budget constraints. california, $62,500. maryland, $45,700. this is the lost of wages -- the loss of wages for each of those states. california, $419 million, etc. sandra, good morning, you are on "washington journal." caller caller: good morning. we all had better go out and billson there's -- and build some bears. we are not getting anything to help us in any way. but on top of that, we should all have girlfriends on the side, and washington is going to hell in a handbasket. when are they going to grow up and be men and women, decent human beings, and do something right for this world? shame on you. host: do you think washington is any different now than it has been in the past? caller: i think we are wide open to what they are doing. this has evidently gone on for a long time and they can get away with anything they want. why? they can't. we can't. can you? you
Search Results 0 to 28 of about 29 (some duplicates have been removed)